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On May 24, 2004, the EUKOR operated vessel Hyundai No.105, sailing from South Korea to Germany, collided with a Japanese very large crude carrier (VLCC) close to Singapore Sentosa island in the Malacca Strait, one of the world's busiest sea passages. As a result the Hyundai No.105 sank with a total loss of over 3,000 brand new Hyundai/Kia cars ...
Pyeonghwa has the exclusive rights to car production, purchase, and sale of used cars in North Korea. However, most North Koreans are unable to afford a car. Because of the very small market for cars in the country, Pyeonghwa's output is reportedly very low: in 2003, only 314 cars were produced even though the factory had the facilities to ...
Daewoo Motors (/ ˈ d eɪ w uː / DAY-woo) was a South Korean automotive company established in 1937 as "National Motors". The company changed its name several times until 1982 when it became "Daewoo Motors" following its acquisition by the Daewoo Group.
It is even possible for car buyers in the United Kingdom to buy right-hand drive cars in EU countries with right-hand traffic where left-hand drive cars are the norm. [ 7 ] Japanese used vehicle exporting is a large global business, as rigorous road tests and high depreciation make such vehicles worth very little (in Japan) after six years, and ...
The meaning of the name Glovis comes from a portmanteau that combines the two words "Global - Vision".. Hyundai Glovis main business areas in South Korea and internationally are finished vehicles distribution by Roll-on/roll-off ocean shipping, air transportation, inland truck transportation, logistics consulting, storage, and packaging services, as well as supply chain management services. [3]
The Daewoo Lanos is a compact / sedan car produced by the South Korean manufacturer Daewoo from 1997 to 2002, and thereafter produced under license agreements in various countries worldwide. It has also been marketed as the Daewoo Sens , ZAZ Sens and ZAZ Lanos in Ukraine, Doninvest Assol and ZAZ Chance in Russia, FSO Lanos in Poland, or ...
The history of the Korean automotive industry began in August 1955, when Choi Mu-seong, a Korean businessman, and two of his brothers (Choi Hae-seong and Choi Soon-seong), mounted a modified and localized jeep engine on a US military jeep-style car body made with the sheet metal from a junk oil drum can and military junk Jeep parts to manufacture its first car, called the Sibal (car).
It was the most capable plant of the North Korean automotive industry before being surpassed by Pyeonghwa Motors. The plant produces urban and off-road passenger cars, small, medium, and heavy cargo, as well as haulage construction and off-road trucks and buses. All models are reported to be replicas or derivations of foreign cars. [2]